Blog and updates
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29 Nov 2022
Price Discrimination and Economic Welfare
In the latest in our series of exam question walk through videos, I look at whether price discrimination is damaging to consumer welfare. We hope these videos are useful in showing how to build...
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28 Nov 2022
Energy Update: News Stories on the Cost of Living Crisis
Lots happening in the UK energy sector at the moment. Here is a quick potted summary.
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28 Nov 2022
Training Places - Apprentices quitting over poor quality of schemes
The poor standard of vocational training in the UK has been a perennial curse, damaging the economy's supply-side perforrnance, and it seems that even the latest round of reforms has done little to...
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27 Nov 2022
Poverty and Inequality - Cost of Living Crisis hitting most deprived areas hardest
The distributional effects of inflation have never been evenly spread, and this ONS survey suggests that people in the most deprived areas are spending markedly less on food and essentials than the...
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27 Nov 2022
Environmental Economics - CO Emissions by Transport Mode
Which mode of transport emits the most carbon in the UK? The latest data for 2022 is out and the message is clear. Flying is by far the least environmentally-friendly method of travel.
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26 Nov 2022
The Economics of Britain's Egg Shortage
Newsnight looks into the ongoing egg shortage in the UK and the impact of avian flu on the nation's birds - including poultry. Factor in rising costs because of higher energy and feed prices, and...
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26 Nov 2022
Jaguar Land Rover reduces production
News of another blow for Britain's beleaguered car manufacturers: Loss-making Jaguar Land Rover are reducing production at Solihull and Halewood on Merseyside in response to the global computer...
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25 Nov 2022
UK Economy Update: Components of Aggregate Demand
In this short revision video we look at data on the components of aggregate demand for the UK economy and consider why 2023 is likely to be a year of a shallow but perhaps lengthy recession.
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25 Nov 2022
UK Economy Update: What is a Tight Labour Market?
In this revision video we explore the meaning of a tight labour market and look at some evidence. We also think about some of the economic effects and how businesses are responding to labour...
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24 Nov 2022
Profit Warning from Dr Martens - Stock traders put the boot in
A lovely case study to bring to bear - Dr Martens have seen a 13% increase in sales, and yet half-year profits have fallen by 5%. What does this imply?
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24 Nov 2022
UK Economy: Net Migration Jumps to 500,000 in the last year
Some important news today on long term migration into the UK. The year to June 2022 has seen a surge in total long-term immigration into the UK – the figure climbed above 1.1 million and net...
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24 Nov 2022
UK Economy - Why a workforce exodus might cause interest rates to climb higher
An interesting angle here on the current state of the UK economy, with the Chief Economist of the Bank of England, Huw Pill, arguing that as a result of the adverse supply-side shock that the...
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24 Nov 2022
Sustainable Business - The Zero Waste Restaurant in Hackney
The very embodiment of a sustainable business - this zero waste restaurant, "Silo" in Hackney is looking to create a dining experience which generates no waste, using organic ingredients.
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24 Nov 2022
Tidal Power - Costs Ebb and Reliability Flows
Are we at the point where tidal power is on the point of being commercially viable?
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23 Nov 2022
UK Digital Services Tax starts to bring in revenue
It is fascinating to see that the new UK Digital Services Tax - a 2% levy on the gross revenues of tech companies - has generated £360m in tax revenue from US tech giants in its first year. This...
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22 Nov 2022
Penguin Scraps Merger Plan with Rival Publisher
The merger between Penguin Random House and Simon & Schuster has collapsed with the former withdrawing from the deal after US courts had blocked the deal.
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21 Nov 2022
COP27 - Does it go far enough?
The Economist take on COP27, with the environment editor summing up the state of play.
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20 Nov 2022
Can UK hotels maintain high occupancy rates?
Demand for hotel rooms is sensitive to so many factors ranging from macroeconomic conditions to the vagaries of external shocks such as the pandemic. One key metric for the hotel industry is the...
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